Navratna Status | Current Affairs | Vision IAS
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    Posted 30 Apr 2024

    8 min read

    Navratna Status

    • Department of Public Enterprises has granted Navratna status to Indian Renewable Energy Development Agency Limited (IREDA).
      • IREDA is under administrative control of Ministry of New and Renewable Energy. It was established as a Non-Banking Financial Institution in 1987.

     

    • Status of Navratna is granted based on various parameters, such as,
      • CPSEs which are Miniratna I,  and
      • have obtained ‘excellent’ or ‘very good’ MoU rating in three of the last five years and
      • having composite score of 60 or above in selected performance indicators.
    • Tags :
    • IREDA
    • Navratna Status

    Electronic Trading Platforms

    • RBI releases Draft Master Direction – Reserve Bank of India (Electronic Trading Platforms) Directions, 2024.
      • Prior authorization or registration with RBI is required for operating ETP. 
      • An entity seeking authorisation as an ETP operator 
        • should be incorporated in India and 
        • maintain a minimum net worth of RS 5 crore.

     

    • ETP refers to any electronic system, other than a recognised stock exchange, on which transactions in eligible instruments are contracted.
      • Eligible instruments include securities, money market instruments, foreign exchange instruments, derivatives etc. 
    • Tags :
    • Electronic Trading Platforms

    National Bank for Agriculture and Rural Development (NABARD)

    • NABARD has sanctioned a study on the impact evaluation of Geographical Indication (GI) products.
      • Presently, 144 products supported by NABARD, are GI tagged.

     

    • About NABARD
      • It is India’s apex development bank, established in 1982 under an Act of Parliament.
      • Headquartered in Mumbai, it is wholly owned by Government of India
      • Mandate: to promote sustainable and equitable agriculture and rural development.
      • Recommended by B. Sivaraman committee.
      • Functions: Promotional and developmental initiatives, finance and refinance support, capacity building of cooperatives and regional rural banks etc.

     

     

    • Tags :
    • NABARD
    • G.I Tag

    Foreign Contribution Registration Act (FCRA), 2010

    • Ministry of Home Affairs (MHA) has cancelled the registration of at least five Non-Governmental Organisations (NGOs) for allegedly violating provisions of FCRA.

     

    • About FCRA, 2010 
      • Nodal Ministry: MHA.
      • Enacted during Emergency in 1976 amid apprehensions that foreign powers were interfering in India’s affairs.
      • Amended in 2010 to consolidate the law on utilisation of foreign funds, and to prohibit their use for any activities detrimental to national interest.
      • Again amended in 2020, giving the government tighter control and scrutiny over the receipt and utilisation of foreign funds by NGOs.
    • Tags :
    • NGOs
    • FCRA, 2010

    Kalvari class of submarines.

    • Pakistan launched its first Hangor class submarine which is considered a direct counterpart of India’s Kalavari class of submarines

     

    • About Kalvari class submarines:
      • Built by Mazagon Dock Shipbuilders Limited under Project-75, these are adaptation of French Scorpene-class submarines.
      • These have diesel-electric propulsion systems and are primarily attack submarines
      • India operates six Kalvari class submarines, namely Kalvari, Khanderi, Karanj, Vela, Vagir, Vagshir.
      • Indian Navy is in process of installing an indigenously developed Air Independent Propulsion (AIP) system to these submarines.
        • AIP system allows non-nuclear submarines to remain submerged for longer period.

     

    • Tags :
    • Hangor Class Submarine
    • Kalavari class of submarines.
    • Project-75

    Base flow

    • A recent study highlighted that Baseflows have a stronger triggering effect on river floods in Peninsular India as compared to rainfall and soil moisture.
      • Six rivers studied include Narmada, Tapi, Mahanadi, Godavari, Krishna and Cauvery.

     

    • Baseflow: 
      • Baseflows are streamflows which results from precipitation that infiltrates into the soil and eventually moves through soil to the stream channel. 
      • This is often called groundwater flow or dry-weather flow.
    • Tags :
    • Base flow
    • Narmada
    • Tapi

    Ethylene

    • Mangoes were seized after being artificially ripened with ethylene.

     

    • About Ethylene
      • Colourless, flammable gas having a sweet taste and odour.
      • Gaseous plant growth promoter.
      • Highly effective in fruit ripening; Enhances respiration rate during ripening of fruits.
      • Breaks seed and bud dormancy, initiates germination in peanut seeds, sprouting of potato tubers.
      • Promotes root growth and root hair formation.
      • Ethephon is most widely used compound as source of ethylene. Ethephon in an aqueous solution readily absorbed and transported within plant and releases ethylene slowly.

     

    • FSSAI directions to use Ethylene
      • Permits Ethylene for artificial ripening provided concentration does not exceed 100 ppm (parts per million).
      • Any source of ethylene gas coming in direct contact with fruits is not permitted.
    • Tags :
    • FSSAI
    • Ethylene
    • Ethephon

    K2-18b

    • Data from James Webb Telescope suggests a high probability of Dimethyl Sulphide (DMS) gas.  
      • On Earth, living beings are the primary producers of DMS. 
         
    • About K2-18B
      • Discovered in 2015, K2-18b is a super Earth exoplanet (planet located outside our solar systemthat orbits an M-type star. 
        • M stars (also called M dwarfs or Red dwarfs) are relatively cool, and smaller in size than the sun.
      • It orbits K2-18 in the Goldilock zone (habitable zone) —Range of distance with right temperatures for water to remain liquid.
    • Tags :
    • K2-18b
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